TUESDAY, 11.30AM The state-owned National Housing Finance Corporation dispensed about 215 000 home loans worth R443-million in its first year as a public company. According to the corporation’s first annual report, released on Monday, in the first financial year to end March, it granted five loan facilities worth a combined R115-million to institutions, which are […]
TUESDAY, 5.30PM IT emerged on Tuesday that Deputy Defence Minister Ronnie Kasrils inadvertently precipitated the “false flag” sting operation by the United States Federal Bureau of Investigation against three suspected spies. FBI investigators earlier suggested the three suspects had offered their services to an unnamed senior SA Communist Party official, who had forwarded the offer […]
TUESDAY, 12.30PM: GAUTENG LIONS and Springbok lock forward Hannes Strydom could be in the Lions team to face Free State in a Bankfin Currie Cup match at Ellis Park Stadium on Saturday. Strydom, who was ruled out of the game for the rest of the season because of an achilles tendon injury, trained with the […]
TUESDAY, 12.30PM: BAFANA Bafana midfied maestro Doctor Khumalo could miss the game against France in Lens on Saturday because of club commitments. Khumalo, who plays for Colombus Crew in the Major Soccer League in the US, is involved in the play-offs for his club against Tampa Bay. National coach Clive Barker said he will only […]
TUESDAY, 11.30AM The imminent of the latest report of the Katz commission into taxation is adding momentum to moves to enable provinces to levy their own taxes. On Monday, the finance department said the Constitution requires legislation giving provinces power to tax personal income in addition to national taxation to be in place by early […]
TUESDAY, 12.30PM: THE SA under-23 squad’s chances of winning their return match against Norway suffered a setback on Monday when coach Mich D’Avray learnt that his lethal striker Quinton Fortune will not be available because of an injury. Fortune suffered an injury while playing for his Spanish first division side Athletico Madrid last week. Wits […]
MONDAY, 2.40PM WORLD famous Kenyan conservationist and palaeontologist Richard Leakey was today refused permission to register a political party called Safina, Swahili for ‘Noah’s Ark”, because it was likely to promote actions “prejudicial to peace”. The decision marks a breach of an agreement by the Kenyan government, which recently said it would register all political […]
MONDAY, 3.30PM TRADE and Industry minister Alec Erwin leads a delegation of 54 businessmen and government officials to South Korea and Japan to drum up investment in South Africa’s vehicle, metals, chemicals and electronics industries. They leave tomorrow. South Korea is South Africa’s 13th largest trading partner, with export growth up 40 percent from 1996, […]
MONDAY, 3.30PM The restructuring of South African Airways will only be completed between July and October next year, says an interim status report released to a public enterprises committee today. The status report on progress in the restructuring process was compiled by HSBC Investment Bank, the government’s overall adviser on the restructuring of state assets. […]
MONDAY, 8.30AM PUBLIC WORKS minister Jeff Radebe had to dodge gunfire between rival ANC groups when he arrived to address a meeting in Clermont township, outside Durban. Radebe was to speak alongside provincial housing MEC Peter Miller of the IFP, and to hand out title deeds to residents, at the invitation of the Clermont Civic […]